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Open enrollment for 2025 Medicare plans runs through December 7. Some major changes in 2025 include a new $2,000 out-of-pocket max under Part D, eliminating the plan’s “donut hole” coverage ...
For people with Medicare, if ever there was a year to take its Open Enrollment (Oct. 15 to Dec. 7) seriously and choose coverage carefully, this is it.
Open Enrollment Period (OEP): This period runs from October 15 to December 7 and allows a person to join, drop, or switch to another Medicare Advantage plan. Medicare Advantage Open Enrollment ...
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescription drugs, and out-of-pocket costs will go up. Medicare coverage will change in 2025.
Image source: Getty Images. 1. $2,000 cap on out-of-pocket prescription drug costs. The biggest Medicare change coming next year is a $2,000 out-of-pocket cap on prescription drug spending.
That translates into an average savings of nearly $400 per person for over 18.7 million beneficiaries in 2025, or about 36 percent of total Part D enrollment. 2. Some Part D plan premiums may ...
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